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SBP-held foreign exchange reserves increase $35mn, now stand at $11.20bn

February 20, 2025
in Markets
SBP-held foreign exchange reserves increase $35mn, now stand at $11.20bn

Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $35 million on a weekly basis, clocking in at $11.20 billion as of February 14, data released on Thursday showed.

Total liquid foreign reserves held by the country stood at $15.95 billion. Net foreign reserves held by commercial banks stood at $4.75 billion.

The central bank did not specify a reason for increase in the reserves.

“During the week ended on 14-Feb-2025, SBP reserves increased by US$ 35 million to US$ 11,201.5 million,” it said.

Last week, SBP foreign exchange reserves decreased by $252 million.

Tags: central bank reservesexchange reservesforeign exchange reservesforex reservesFX reservesPakistan foreign reservesPakistan forex reservesSBPSBP dataSBP foreign exchange reservesSBP Forex reservesSBP reservesSBP’s foreign reserves
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